The Central Election Service at the Ministry of Interior is beginning its preparations for the European Parliament Elections to be held next May. The elections are to be held between 22-25 May in all European member states and in Cyprus are most likely to take place Sunday, May 25. Head of the Service Dimitris Dimitriou
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President of the Republic Nicos Anastasiades’ meeting with President of the European Council Herman Van Rompuy is underway in Brussels. The Cyprus economy, the course of implementation of the memorandum of understanding with the Troika lenders, (IMF, European Central Bank and European Commission) as well as the latest developments on the Cyprus problem are the
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In times of crisis and budgetary restraint, EU governments still need to value innovation and new solutions to tackle the increasing pressure on European healthcare systems, experts say. Since 2008, there has been a rise in health inequalities and they will continue to increase as current governments are running unsustainable health systems. Governments must therefore
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The EU28 trade surplus with the Eastern Partners (Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine) increased from 0.7 bn in the first half of 2012 to 3.3 bn in the same period of 2013, according to figures released Tuesday by Eurostat. The statistical office of the EU said that over the last decade, EU28 international
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Gulf Air, the national carrier of the Kingdom of Bahrain, celebrated the 30th anniversary of its operations to Larnaca – Cyprus by surprising its most loyal Cypriot customer. Mr. John Strongylos, a Gold FalconFlyer member and managing director of Alkomed (www.alkomed.net), who has flown with Gulf Air since it first commenced its operations to Cyprus’s
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€1.8 bln in 1H losses, but NPLs will be reigned-in * The Bank of Cyprus has embarked on its newest journey, this time with a board intact and a new CEO who wants to return as much value to the Group as possible, even if this means chasing large corporates to service their loans. Otherwise,
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* Operating, staff costs down in Cyprus, revenues up * Louis Plc continued to reduce staff and administration costs in the first nine months of 2013, which, combined with slightly improved revenues of 7.4 mln euros compared to the same period last year, resulted in a profit of 2.93 mln euros, a significant turnaround from
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The European Commission unveiled proposals on Monday (25 November) aiming to close a loophole that allows companies to cut their tax bill using subsidiaries in other EU member states. The Commission wants rules to prevent companies setting up "letter-box subsidiaries" in countries solely to qualify for a softer tax regime and cut their bill. Algirdas
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Trade unions in Cyprus will organize on the 14th of December their first mass demonstration against austerity policies, imposed by the Troika (EU Commission, IMF and European Central Bank). Unionists from workers’, farmers’ teachers’ and students’ organizations PEO, DEOK, OELMEK, POED, OLTEK, POAS, EKYSY, PSEM, and EKA, held a press conference Tuesday announcing their decision
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European Commission President Jose Manuel Barroso is expected to express on Wednesday the Commission’s political will to assist Cyprus in addressing the economic crisis and outline its readiness for greater involvement in the efforts to resolve the Cyprus issue. President of Cyprus Nicos Anastasiades arrived on Tuesday in Brussels, accompanied by Foreign Minister Ioannis Kasoulides,
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